Bank of In's Q1 FY 2026-27 Quarterly Results

Result Summary

• Bank of India reported a 0.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 9.8%.
• Its expenses for the quarter were down by 1.1% QoQ and up 5.8% YoY.
• The net profit increased 7.0% QoQ and increased 80.5% YoY.
• The earnings per share (EPS) of Bank of India stood at 7.25 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

---

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Bank of India, a major player in the Indian banking sector, provides a range of banking and financial services to its clients. As a public sector bank, it operates primarily within the financial services industry, offering products such as savings and current accounts, loans, credit cards, and investment services. Recent developments in the banking sector, such as digitization and regulatory changes, may impact its operations, although specific recent developments within Bank of India are not detailed here.

Revenue

In the first quarter of fiscal year 2027 (Q1FY27), Bank of India reported a total income of ₹22,712.28 crores. This figure marks a slight decrease of 0.6% when compared to the previous quarter (Q4FY26), which recorded total income at ₹22,852.87 crores. However, on a year-over-year basis, there was a notable increase of 9.8% from the same quarter in the previous year (Q1FY26), where the total income was ₹20,677.62 crores. This data highlights a yearly growth trajectory despite minor quarterly fluctuations.

Profitability

The profitability of Bank of India has shown significant improvement over the past year. The Profit Before Tax (PBT) for Q1FY27 was ₹4,166.87 crores, reflecting a 2.1% increase from the previous quarter and a substantial 70.8% rise from the ₹2,439.00 crores recorded in Q1FY26. The Profit After Tax (PAT) for Q1FY27 was ₹3,303.98 crores, an increase of 7.0% quarter-over-quarter from ₹3,088.90 crores in Q4FY26, and a remarkable 80.5% increase year-over-year from ₹1,830.51 crores in Q1FY26. This growth is further underscored by the Earnings Per Share (EPS), which increased from ₹4.02 in Q1FY26 to ₹7.25 in Q1FY27, marking an 80.3% rise.

Operating Metrics

The total expenses for Bank of India in Q1FY27 were reported at ₹17,574.29 crores, showing a decrease of 1.1% from the ₹17,771.33 crores in Q4FY26, but an increase of 5.8% from ₹16,607.70 crores in Q1FY26. Provisions and contingencies also decreased by 3.1% quarter-over-quarter, amounting to ₹971.12 crores in Q1FY27 compared to ₹1,002.18 crores in Q4FY26, and saw a significant decline of 12.7% year-over-year from ₹1,112.12 crores in Q1FY26. The tax expense in Q1FY27 was ₹1,028.41 crores, slightly lower by 0.1% than the previous quarter. These operating metrics provide insight into the bank's cost management and provisioning strategies over the past year.